Thorntown income rental apartments for sale located at 200-214 Main Street, Thorntown, IN 46071

By
Real Estate Sales Representative with Keller Williams Realty Lafayette, IN
https://activerain.com/droplet/49Zh

 

 

Thorntown income rental apartments for sale located at 200-214 Main Street, Thorntown, Indiana 46071     

                                   MLS #201307998

Thorntown income rental apartments for sale located at 200-214 Main Street, Thorntown IN 46071

Thorntown, IN 46071 apartment units for sale located on Main Street at the intersection of Indiana State Highways 47 and 75.

                                         Offered for sale at $79,900

Sale includes two apartment buildings with three townhouse style units each.

Front apartment building has three units that are rented and this income property has great visibility on Main Street in Thorntown at the intersection of two state roads.

Unit #1 has five rooms;   3 bedrooms and 2 full baths.  Rent is $400 per month.

Unit #2 has four rooms;  2 bedrooms and 2 full baths.  Rent is $400 per month.

Unit #3 has five rooms;   3 bedrooms and 2 full baths.  Rent is $400 per month.

Total income when fully rented is $14,400 per year.

Property taxes paid in 2013 was $1,565.

The tenants pay ALL utilities:  gas, electric, water, sewage

 

Back apartment building is vacant and it has three units.  The interior needs a total remodel.  The sellers have factored in the "as is" condition of the back apartment building into the sale price of this Thorntown rental apartment buildings for sale for $79,900.

Contact Sharon Walter (765) 426-5243 for more information on the sale of this income producing property in Thorntown with low taxes.

Disclosure:  Listing agent is co-owner and holds an active Indiana real estate license.

This is now a closed sale and another listing sold by Sharon Walter  Lafayette real estate agent.

Posted by

***********************************************************************************

Sharon and Bruce Walter selling real estate in Lafayette, West Lafayette, Tippecanoe County Indiana @ Keller Williams Realty Lafayette IN                      

                              Sharon & Bruce Walter 

                      Indiana Licensed Real Estate Brokers

How can we help you with your real estate needs in Lafayette, West Lafayette, Tippecanoe County and the surrounding area in Indiana?

Whether you are thinking of selling or buying a home, looking to buy a foreclosure or rental property we are here to help you.

 

 

                      

                 PERFORMANCE OUTSELLS PROMISES!

 WE have a phone!    Please call us at:     765-418-1886

WE have email!         Please email us at:  bwalterkw@yahoo.com

WE can FAX!            765-588-4872

 

                       Keller Williams Realty

              3928 McCarty Ln, Ste A

              Lafayette, IN 47905

Licensed in the state of Indiana.  Each Keller Williams Realty independently owned and operated.

 

 

 

 

 

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Rainer
118,654
Kaye Swain
Keller Williams Real Estate Roseville CA - Roseville, CA
Your Roseville Real Estate Agent

Those are really nice looking! Grand touch with the flowers on the front windows. Beautiful! 

Jan 27, 2014 11:25 AM #1
Rainmaker
676,116
Sharon & Bruce Walter
Keller Williams Realty Lafayette, IN - Lafayette, IN
West Lafayette homes for sale

Kaye, this is a good opportunity for an investor who is handy and has cash.  The tenants pay all utilities and the property taxes are very low (currently about 1.3 months of the rent total)!

Jan 27, 2014 10:49 PM #2
Rainmaker
925,799
Ron Marshall
Marshall Enterprises - Saint Michael, MN
Birdhouse Builder Extraordinaire

This is a great opportunity for someone or investors who want to continue to own property with income potential, Sharon and Bruce Walter!

Feb 01, 2014 07:48 AM #3
Rainmaker
676,116
Sharon & Bruce Walter
Keller Williams Realty Lafayette, IN - Lafayette, IN
West Lafayette homes for sale

Ron, this does have very nice cash flow, and would be perfect for a hands on investor who could re-do the back three units while managing the front three apartments.

Feb 01, 2014 09:37 AM #4
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Rainmaker
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Sharon & Bruce Walter

West Lafayette homes for sale
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